Insurance Consortiums: ICOGU & AIC hold Annual General Meetings (AGMS) in Mauritius

17th, Jun 2025 Share This

Upon the successful conclusion of the Uganda Insurers Association (UIA) Annual General Meeting (AGM), key Insurance Consortiums: Insurance Consortium for Oil & Gas Uganda (ICOGU) and Agro Consortium (AIC) also held their AGMs on 17th June, 2025 at Ocean’s Creek Beach Hotel in Mauritius.

The 7th Annual General Meeting of the Insurance Consortium for Oil & Gas Uganda (ICOGU) was officially flagged of by the Chairperson of the ICOGU Technical Committee & CEO of Jubilee Allianz – Mr. Paul Kavuma who delivered the opening remarks. Mr. Ronald Musoke, CEO of Uganda Re and Consortium Manager, presented an overview of ICOGU’s performance and contributions to Uganda’s Oil and Gas Sector.

Chairperson of the ICOGU Technical Committee & CEO of Jubilee Allianz, Mr. Paul Kavuma giving opening remarks during the ICOGU AGM
 ICOGU Consortium Manager & CEO of Uganda Re, Ronald Musoke presenting an overview of ICOGU’s performance and contributions to Uganda’s Oil and Gas Sector

On the other hand, Mr. Munyandaradzi Daka, Agro Consortium (AIC) Technical Manager kicked off AIC’s Annual General Meeting with a presentation on the financial statements of the consortium, offering insights into its financial position and the impact made in supporting agricultural insurance in Uganda.

Mr. Munyandaradzi Daka, Agro Consortium (AIC) Technical Manager presenting the financial statements of the consortium

These engagements in Mauritius underscored the growing impact of insurance consortiums, the need for more regional partnerships, commitment to continuous improvement, and the drive to adopt global best practices for the transformation of Uganda’s insurance industry.

The Insurance Consortium for Oil & Gas Uganda (ICOGU) and Agro Consortium (AIC) AGMs were concluded on an elegant note, with a cocktail reception generously sponsored by MUA Insurance, at Ocean’s Creek Beach Hotel Golf Course.